Global Economic Times

2025.10.22 (Wed)
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Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump

Paris – French luxury conglomerate Kering, owner of major brands including Gucci, Bottega Veneta, and Balenciaga, has announced the sale of its beauty business to French cosmetics giant L'Or
South Korean Department Store Industry Intensifies Competition for AI-Based 'Hyper-Personalized' Shopping

The South Korean department store industry is accelerating the development of 'hyper-personalized' custom services using Artificial Intelligence (AI). Leading this trend, Hyundai Department St

From Formal to 'Fine-Casual': Asia Pacific Embraces Culinary Comfort and Experience

SEOUL, South Korea — A seismic shift is underway in the Asia Pacific dining scene, with traditional fine dining making way for a trend dubbed "casual luxury." This is the core findin

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U.S.-Bound Maritime Export Costs Continue Downward Trend Amid Lingering Tariff Effects and Shifting Global Trade Dynamics: Eunsil Ju Reporter; 2025.04.16

LG CNS and Google Cloud Forge Alliance to Target Global AI Transformation Market, Including Healthcare and Biotech: KO YONG-CHUL Reporter; 2025.04.16

US Mulls Hefty Port Fees on Chinese Vessels as Beijing's Bulk Carrier Orders Plummet: Eugenio Rodolfo Sanabria Reporter; 2025.04.16

LG Kicks Off Nationwide ‘AI Lab on Wheels’ Initiative to Cultivate Next-Generation Tech Talent: Yim Kwangsoo Correspondent; 2025.04.16

South Korean Financial Regulator Intensifies Efforts to Enhance Accessibility for Disabled Individuals: Kim Sungmoon Reporter; 2025.04.16

Nvidia Unveils Ambitious $500 Billion U.S. AI Hardware Manufacturing Initiative in Strategic Alliance with Taiwanese Giants: KO YONG-CHUL Reporter; 2025.04.16

Hyundai Motor Group's Georgia Metaplant Accelerates Production, Bolstering Tariff Resilience: Eunsil Ju Reporter; 2025.04.16

Trump Administration's Renewed Export Curbs on Nvidia's H20 Chip Send Shockwaves Through Stock Markets: Desk; 2025.04.16

Nature Republic Launches Powerful Cooling Sun Stick ‘California Aloe Cooling Moisture Sun Stick’: Kim Sungmoon Reporter; 2025.04.15

South Korea Proposes Trade Partnership Agreement with Brazil: Strategy to Diversify Trade Risks Amid US-China Tensions: Desk; 2025.04.15

Controversy Surrounds Federal Drug Discount Program 340B, Demands for Enhanced Transparency Intensify: Hannah Yeh Reporter; 2025.04.15

Over 140 Workers at Caesars Southern Indiana Hotel & Casino Strike Demanding Wage and Retirement Benefit Increases: Ana Fernanda Reporter; 2025.04.15

Louisiana Launches Pilot Program to Incentivize Healthy Food Purchases for SNAP Recipients: Graciela Maria Reporter; 2025.04.15

Paraguayan Finance Ministry Union Demands 69% Pay Raise: KO YONG-CHUL Reporter; 2025.04.15

K-Wave Continues to Reshape Philippine Beauty Landscape: K-Beauty Dominates Amidst Growing Local Competition: Kim Sungmoon Reporter; 2025.04.15

Argentina Nationwide General Strike Over Public Spending Cuts Causes Major Transportation Disruptions: Graciela Maria Reporter; 2025.04.14

Argentina Eases Strict Currency Controls Under $20 Billion IMF Loan Terms, Increasing Pressure on Milei's Economic Recovery Plan: Eugenio Rodolfo Sanabria Reporter; 2025.04.14

Argentina Lifts Currency Controls: A "Bold Gamble" Amid Economic Instability: Graciela Maria Reporter; 2025.04.14

Petrobras Weighs Participation in India's Deep-Sea Oilfield Development Bidding; Conducting In-depth Analysis: Eugenio Rodolfo Sanabria Reporter; 2025.04.14

Brazil: Conflict Intensifies Over Motorcycle Ride-Hailing Services... Legal Battles Erupt Amidst Driver Safety and Regulation Debates: Eugenio Rodolfo Sanabria Reporter; 2025.04.14